If your clients own life insurance or annuities with certain insurance companies that have ventured into reinsurance, they could soon be at risk for losing much of the money they’ve put in. That dire ...
LONDON--(BUSINESS WIRE)-- Moody’s Analytics, a global provider of financial intelligence, has added new accounting and reinsurance capabilities to the Risklntegrity™ IFRS 17 solution. These new ...
Florida is a high-risk insurance state when it comes to hurricanes. In 1993, the Florida legislature created the Florida Hurricane Catastrophe Fund to serve as an additional source of reinsurance ...
Reinsurer MBIA Inc. recently said that it had received a Wells notice from the Securities and Exchange Commission that it may face civil charges over past reinsurance transactions. In March, MBIA ...
Leading accounting and advisory firm, Brown Plus, is thrilled to announce that it has welcomed Victoria Perez, CPA, as an ...
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of "a+" (Excellent) of China Reinsurance (Group) Corporation (China ...
American International Group Inc. on Wednesday delayed its 2004 annual financial report for a second time and admitted it accounted improperly for a deal with a unit of Berkshire Hathaway Inc. that is ...
The coverage was obtained by issuing approximately $199 million in bonds and $50 million in direct reinsurance. This transaction largely covers a portfolio of MI policies issued by Arch MI and ...